Loop Capital Maintains Hold on Masco, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Garik Shmois has maintained a Hold rating on Masco Corporation (NYSE:MAS) but has lowered the price target from $79 to $76.

April 25, 2024 | 6:54 pm
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Loop Capital has maintained a Hold rating on Masco Corporation but lowered the price target from $79 to $76.
The reduction in the price target by Loop Capital suggests a more conservative outlook on Masco's future stock performance, potentially due to underlying challenges or market conditions. This adjustment is likely to influence investor sentiment negatively in the short term, as it reflects a lowered expectation of the stock's value.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100